Financials India Pesticides Limited

Equities

IPL

INE0D6701023

Agricultural Chemicals

Market Closed - NSE India S.E. Other stock markets 07:43:55 2024-06-28 EDT			5-day change	1st Jan Change
232.7 ^INR	+0.52%		-0.73%	-36.10%

06-07	India Pesticides Commissions New Intermediate Plant	MT
05-31	Transcript : India Pesticides Limited, Q4 2024 Earnings Call, May 31, 2024

Valuation

Fiscal Period: Maart	2022	2023	2024	2025	2026
Capitalization ¹	31,002	23,937	26,794	-	-
Enterprise Value (EV) ¹	31,002	23,937	23,401	26,794	26,794
P/E ratio	19.5 x	16.7 x	38.8 x	19.7 x	17.1 x
Yield	0.28%	0.36%	0.21%	0.26%	0.3%
Capitalization / Revenue	4.33 x	2.7 x	3.44 x	2.54 x	2.18 x
EV / Revenue	4.33 x	2.7 x	3.44 x	2.54 x	2.18 x
EV / EBITDA	14.5 x	12.2 x	27 x	13.2 x	11.3 x
EV / FCF	-500 x	-78.2 x	250 x	-705 x	432 x
FCF Yield	-0.2%	-1.28%	0.4%	-0.14%	0.23%
Price to Book	4.84 x	3.1 x	3 x	2.62 x	2.29 x
Nbr of stocks (in thousands)	115,164	115,164	115,164	-	-
Reference price ²	269.2	207.8	232.7	232.7	232.7
Announcement Date	22-05-28	23-05-30	24-05-30	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart	2021	2022	2023	2024	2025	2026
Net sales ¹	-	7,161	8,849	6,804	10,552	12,280
EBITDA ¹	-	2,138	1,969	866.1	2,030	2,373
EBIT ¹	-	2,053	1,856	715.4	1,718	1,977
Operating Margin	-	28.66%	20.97%	10.51%	16.28%	16.1%
Earnings before Tax (EBT) ¹	-	2,116	1,916	823	1,810	2,093
Net income ¹	1,345	1,580	1,432	601.7	1,353	1,565
Net margin	-	22.06%	16.19%	8.84%	12.82%	12.74%
EPS ²	-	13.78	12.46	5.240	11.80	13.60
Free Cash Flow ¹	-	-62.03	-306.2	107	-38	62
FCF margin	-	-0.87%	-3.46%	1.15%	-0.36%	0.5%
FCF Conversion (EBITDA)	-	-	-	6.01%	-	2.61%
FCF Conversion (Net income)	-	-	-	8.83%	-	3.96%
Dividend per Share ²	-	0.7500	0.7500	0.5000	0.6000	0.7000
Announcement Date	21-05-25	22-05-28	23-05-30	24-05-30	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2024 Q1	2024 Q2
Net sales ¹	-	2,055
EBITDA ¹	-	244
EBIT	-	-
Operating Margin	-	-
Earnings before Tax (EBT) ¹	-	223
Net income ¹	154.5	167
Net margin	-	8.13%
EPS	1.350	-
Dividend per Share	-	-
Announcement Date	23-07-31	-

¹INR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow ¹	-	-62	-306	107	-38	62
ROE (net income / shareholders' equity)	-	30.7%	20.3%	14.6%	14.2%	14.3%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share ²	-	55.70	67.10	77.50	88.70	102.0
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	-	820	760	1,200	1,200	1,200
Capex / Sales	-	11.45%	8.59%	12.94%	11.37%	9.77%
Announcement Date	21-05-25	22-05-28	23-05-30	24-05-30	-	-

¹INR in Million²INR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for India Pesticides Limited

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

232.7 INR

Average target price

200 INR

Spread / Average Target

-14.04%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Agricultural Chemicals

	1st Jan change	Capi.
INDIA PESTICIDES LIMITED	-36.10%	319M
CORTEVA, INC.	+12.56%	37.39B
PHOSAGRO	-.--%	11.94B
THE FERTILISERS AND CHEMICALS TRAVANCORE LIMITED	+22.46%	7.44B
FMC CORPORATION	-8.72%	7.12B
PI INDUSTRIES LIMITED	+8.12%	6.95B
OCI N.V.	-13.15%	5.15B
UPL LIMITED	-2.88%	5.11B
YUNNAN YUNTIANHUA CO., LTD.	+24.49%	4.88B
JORDAN PHOSPHATE MINES CO. PLC	+4.68%	3.91B

Other Agricultural Chemicals